Capital Gains Tax 2024/25. The latest adjustments to capital gains tax (cgt) carry significant. Capital gains tax adjustments for 2024/25:
After selling an asset, you only owe capital gains tax on profits above £3,000 in the 2024/25 tax year. For 2024/25, the higher rate of property capital gains tax will be reduced from 28% to 24%, chancellor jeremy hunt announced in his budget of 6 th march.